A new customer support centre for small businesses that is to be established in Dublin will create 40 jobs.
Recruitment is already under way for the positions in customer service, technical support and development.
The company SumUp helps small and medium enterprises overcome problems with accepting credit and debit card payments.
Jobs Minister Richard Bruton said the investment, which is supported by IDA Ireland, was evidence Ireland has become a key location for "dynamic technology" companies.
"The Government's Action Plan for Jobs has identified the IT sector as an area of growth opportunity for Ireland and with proper implementation I am confident that in the coming months we will see further jobs growth from this sector," said Mr Bruton.
The company supplies businesses with a mobile app and card reader that can turn any Apple iPhone, iPad, iPhone Touch or Android-based smart phone into a terminal that can process credit and debit card payments.
SumUp has also launched its technology in the UK, Germany and Austria.
Chief executive Daniel Klein said setting up the company in Ireland had proven to be successful.
"I am very enthused about the establishment of SumUp's Irish operation and I look forward to its growth and development in Dublin," said Mr Klein.
Meanwhile, IDA Ireland chief executive Barry O'Leary said some of the 40 jobs were already in place. He added that Ireland was fast developing a solid reputation as a country that attracts emerging companies hoping to turn themselves into global players.